The reason for the cancellation, the authority said, was non completion of the project and non-payment of dues. So, it will take over the plot, location in Sector 10 of Greater Noida, and reallot it afresh.
The acquisition is to be completed by April 30, 2023, and involves 1.4 msf of office property in Bengaluru.
Supply and sales of mid-segment homes worth Rs 1 to Rs. 2 crore were the highest in the calendar year
Homebuyers claim that the developer has not provided the required relief even as the 60-day KRERA order deadline approaches.
However, developers may not hike prices over the next six-to-seven months to handle any macroeconomic concerns and may wait for the demand dynamics to play out,
The rating agency has revised the outlook on the residential real estate sector to neutral from improving for FY24.
The e-auction shows the residential real estate potential of the investment and commercial hub, says Greater Noida Industrial Development Authority CEO Ritu Maheshwari.
Two months after the first notice, only 20 percent of developers have complied, MahaRERA to issue a second reminder to non-compliant projects.
The project is an important part of MLL’s pan-India network of multi-user facilities in key logistics nodes and manufacturing clusters.
In response to a question, the minister said that under PMAY-G, a total of 2.21 crore houses have been constructed in the country
An application regarding extension of registration of the Shree Vardhman Victoria group housing project in Sector 70 in Gurugram, which is being developed by Shree Vardhman Infraheights, was submitted in October 2021 under Section 6 of RERA.
Delhi-NCR followed by Mumbai and Bengaluru dominated investments in 2022, accounting for over 67 percent share in total investments
Debris removal had resumed on March 1 after remaining suspended for nearly two months amid complaints of noise and dust pollution by residents in surrounding buildings.
Online property searches for renting homes grew by 1.5 times in 2022; Bengaluru, Mumbai and Hyderabad took the lead, Housing.com data shows
In a first, a QR code was generated for a real estate project in Pune city of Maharashtra. The registration certificate reiterates the matters to be taken care of by the developer as per the provisions of the RERA Act.
Budget 2023 has capped the deduction on capital gains on investments in residential property, available under the two sections, at Rs 10 crore.
The company's exposure to redevelopment projects was 11 percent at the time of its IPO and may go up to 30 percent in the coming months, said Irani.
Experts say unless the Revised Master Plan 2041 is implemented within 2025 and metro work completed within 2032, mobility will remain an issue for the tech hub
According to the data compiled by Anarock, housing sales are estimated at 1,13,770 units in January-March, up 14 per cent from 99,550 units in the year-ago period across seven major cities.
In this episode of The Tenant, we meet a couple from Delhi who have made Mumbai their home. The size of their Mumbai home is less than half of their Delhi one – so they couldn't even use their older furniture as it wouldn't fit. Also, the tenant in this episode is done living in the cities and would like to move away. Watch this latest episode as we have a very interesting conversation with very interesting tenant!
It cost a neat Rs 2 lakh when it was built in the late 1930s but the real value of this house in Mumbai's Malabar Hill lies in the history that it holds and the stories it is waiting to tell
There are several challenges associated with this scheme, the primary being the psychological barrier, as the borrower ends up losing control of his house in his lifetime.
Noida Sector 18 market likely to be redeveloped on lines of Connaught Place before G20 summit. Following a meeting between traders operating in the market and Noida Authority officials, the authority has prepared a plan to beautify the upscale market.
Malabar Palaces is being constructed on Walkeshwar Road in the Malabar Hill area, considered the most expensive residential area in the country.
An investment of about Rs 10,000 crore is expected to be made on these plots, sufficient to generate employment for around 5,000 people, GNIDA officer on special duty (institutional) Naveen Kumar Singh has said